Retirement should be pure bliss—days filled with good books, golf outings, and evening cocktails. It could only get better. Spending your golden age on a beautiful Caribbean island. For retirees looking to stretch the dollar, there is one island that stands out.
Global Citizens Solutions published its list of 13 Caribbean Islands that are the best for retirement in August. The list was created after taking into account everything from climate, local taxes, cost of living and safety to access to healthcare, community, and health care. It named the top 13 Caribbean Islands for retirement after examining these factors. St. Kitts and Nevis As a top pick.
The team stated that St Kitts & Nevis is located between the Atlantic Ocean & Caribbean Sea. This dual island nation offers a peaceful and tranquil lifestyle, as well as beautiful beaches, lush green forests, exciting hiking paths, and breathtaking mountains. It stated that moving to these islands allows you to “capitalize one of the most lenient Caribbean Tax environments, with zero taxes on income from local and worldwide sources and no capital gains or inheritance tax.”
The site offers several options, including the Citizenship by Investment program, where you can buy real estate to obtain citizenship.
The St. Kitts and Nevis CBI Programme, which has been in place for over 40 years now, provides discerning investors with a reliable and efficient path to citizenship. government website explains. “Known worldwide for its strict due diligence procedure and adherence of international standards, this is an option that’s highly respected for anyone seeking a safe alternative citizenship.”
According to Henley & PartnersThe investment scheme begins at $250,000. This citizenship pathway also allows people to include a “spouse, children under 26, and parents aged 55 and over, as well as to add dependents after citizenship has been granted to the main applicant,” Henley & Partners added. St. Kitts and Nevis belongs to the Commonwealth which gives its citizens certain privileges within the UK and Commonwealth countries.
Global Citizens Solutions offers a solution that is affordable and effective. explained A separate article stated that an individual could live comfortably for between $1500 and $2,000 per week, while a small family could do well with $2,800 to $400.
Global Citizens Solutions recommends The Bahamas because of its “laid-back lifestyle” as well as its easy access to the U.S. They also recommend Antigua & Barbuda due to its beautiful beaches and low cost of living. One-bedroom apartments can be found for around $1,000 a monthly, while Dominica offers one-bedroom apartments for only $500.
Get inspired by the complete list of retirement moves and see it at globalcitizensolutions.com.